Rohini buys a Bluetooth headphone set for ₹1,700 from a wholesale shop and marks it at ₹2,000. Later on, she allows a discount of 40% on its sale. What is her loss or gain percentage (correct up to two decimal places)?

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Accepted Answer

Step 1: Cost Price (CP) = ₹1700
Step 2: Marked Price (MP) = ₹2000
Step 3: Discount = 40% of ₹2000 = 0.40 × 2000 = ₹800
Step 4: Selling Price (SP) = MP - Discount = 2000 - 800 = ₹1200
Step 5: Calculate loss = CP - SP = 1700 - 1200 = ₹500
Step 6: Calculate loss percentage = (Loss / CP) × 100 = (500 / 1700) × 100 ≈ 29.41%

Since SP < CP, Rohini incurs a loss of 29.41%.

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